Earnings

Randstad third-quarter meets expectations

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Growth mainly driven by Europe, US been flat throughout the year: Randstad CEO
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Growth mainly driven by Europe, US been flat throughout the year: Randstad CEO

Randstad, the world's second-largest staffing firm, on Tuesday reported third-quarter core profit and sales in line with expectations, saying it expects a similar performance through the rest of the year.

Randstad said revenue rose 10 percent to 5.87 billion euros ($6.90 billion), while underlying earning before interest, taxation and amortization (EBITA) increased 6 percent to 288 million euros ($339 million).

Analysts polled by Reuters had on average expected sales of 5.9 billion euros ($6.92 billion) and EBITA of 288 million euros.

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